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The Hubbell Foundation is a private trust based in SHELTON, CT. The foundation received its IRS ruling in 1961. The principal officer is % Ben Gossart Trustee. It holds total assets of $11.9M. Annual income is reported at $12.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Hubbell Foundation has made 2 grants totaling $2.9M, with a median grant of $1.5M. Annual giving has decreased from $1.7M in 2020 to $1.2M in 2022. Individual grants have ranged from $1.2M to $1.7M, with an average award of $1.5M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
The Hubbell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in CT.
The Hubbell Foundation has distributed a total of $2.9M across 2 grants. The median grant size is $1.5M, with an average of $1.5M. Individual grants have ranged from $1.2M to $1.7M.
The Hubbell Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Hubbell Foundation is headquartered in SHELTON, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| T Goncalves | TRUSTEE | $0 | $0 | $0 |
| J Murphy | TRUSTEE | $0 | $0 | $0 |
| B Gossart | TRUSTEE | $0 | $0 | $0 |
| K Lane | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.4M
Total Assets
$1.7M
Fair Market Value
$34.5M
Net Worth
$1.7M
Grants Paid
$1.4M
Contributions
$0
Net Investment Income
$2.4M
Distribution Amount
$1.5M
Total Grants
2
Total Giving
$2.9M
Average Grant
$1.5M
Median Grant
$1.5M
Unique Recipients
2
Most Common Grant
$1.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Grants AttachmentSEE GRANTS ATTACHMENT | Na, CT | $1.2M | 2022 |
| See Attachment 4SEE ATTACHMENT 4 | Na, CT | $1.7M | 2020 |
| 2018 | 990PF | View |
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